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whooppee!! extravagant pension increase

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  • I retired in September 2009. My salary increase during that year was 3.5%. The boss's increase was 12% in dollars/9% in GBPounds. Cannot understand why a multi-millionaire who has been in the job 3 years and not really done anything earth-shattering should be getting that kind of increase (he's already got over £12 million in share options in just 3 years, and this is without his bonuses etc).

    The rest of the staff got 3.5% or less.

    Jen
  • Galling..... Jen, we just had a few £ in bonus in work while managers for thousands of £. Doubly galling.
    Be happy, it's the greatest wealth :)
  • I await your response to next years increase? with the conservatives in charge.
  • pollypenny
    pollypenny Posts: 29,432 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    [QUOTE=jammin;30320915]It's called Ireland in English



    Why bother to say this? I imagine Lilac-lady used 'Eire' to distinguish the country from Northern Ireland.
    Member #14 of SKI-ers club

    Words, words, they're all we have to go by!.

    (Pity they are mangled by this autocorrect!)
  • zygurat789
    zygurat789 Posts: 4,263 Forumite
    Part of the Furniture Combo Breaker
    jammin wrote: »
    It's called Ireland in English and no, the Irish state pension is not being reduced.

    I have always heard it called and seen it written The Republic of Ireland,
    but it certainly used to be Eire, it was on their stamps but I stopped collecting years ago so don't have any current ones.
    When did it cease to be Eire?
    The only thing that is constant is change.
  • chesky369
    chesky369 Posts: 2,590 Forumite
    The whole point of words is to communicate what we mean. I know that Eire and Rep of Ireland are the same and have to be distinguished from Northern Ireland - I think both are perfectly acceptable. I think it's fairly nitpicky to pull someone up on this, considering the woeful mis-spelling, mis-punctuation etc. I have seen on these boards.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Article 4 of the Irish constitution adopted in 1937 provides that: "The name of the state is Éire, or, in the English language, Ireland."[3] The Constitution's English-language preamble also described the population as "We, the people of Éire". The Republic of Ireland Act enacted in 1948 makes clear that the "Republic of Ireland" is a description and not a name of the state. Ireland (in English) and Éire (in Irish) remain its two official names. Article 8 states that both Irish and English are the official languages of the state with Irish designated as the "national" and "first official" language. "Éire" has to some extent passed out of everyday conversation and literature.
    The name "Éire" has been used on Irish postage stamps since 1922; on all Irish coinage (including Irish euro coins); and together with "Ireland" on passports and other official state documents issued since 1937. "Éire" is used on the Official Seal of the President of Ireland. Before the 1937 Constitution, "Saorst!t Éireann" (the Irish name of the Irish Free State) was generally used.


    etc etc
  • Primrose
    Primrose Posts: 10,701 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've been Money Tipped!
    I seem to have read somewhere that the increase is only being paid on the BASIC part of the State Pension, and that if you have earned an additional amount due to Graduated Pension Scheme contributions or Serps, that section of your pension does not qualify for an increase. Perhaps somebody will correct me if I'm wrong.
  • zygurat789
    zygurat789 Posts: 4,263 Forumite
    Part of the Furniture Combo Breaker
    You are right Primrose but remember that the pension is linked to the RPi in September. Last year, 2009, this was negative so pensions should have gone down! This wasn't acceptable to the Govt. (an election is due shortly) so they kindly increased the basic by 2.5%. So really we should be grateful.
    The only thing that is constant is change.
  • chesky369
    chesky369 Posts: 2,590 Forumite
    Yes, you are correct Primrose - it also is not paid on any part of the pension that is now being paid after being deferred. Bit fed up about that.
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